Arkema Finalizes the Acquisition of Dow's Flexible Packaging Laminating Adhesives Business [Yahoo! Finance]
ARKEMA S/ADR (ARKAY)
NASDAQ:AMEX Investor Relations:
arkema.com/en/investor-relations
Company Research
Source: Yahoo! Finance
Arkema (Paris:AKE) finalized on 2 December 2024 the acquisition of Dow's flexible packaging laminating adhesives business, one of the leading global producers of adhesives for the flexible packaging market. This operation will enable the Group to significantly expand its portfolio of solutions for flexible packaging and become a key player in this attractive market. With annual sales of around US$250 million, Dow's flexible packaging laminating adhesives business offers a broad range of high-quality solutions in food and medical applications, as well as for industrial lamination. Boasting cutting-edge technologies and well-recognized brands, Dow's laminating adhesives business is one of the main historical solutions providers for the packaging industry, with presence in North America and Europe, operating five state-of-the-art production sites in Italy, the United States and Mexico and employing 280 people. This acquisition will enable Bostik to ideally complement its existing co
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